RAIN Unlocks $197M in Tokens Today — 5% of Supply Hits the Market
Rain ($RAIN) releases ~3.6B tokens today at 11:00 Beijing time, worth ~$197M — 5.08% of circulating supply, per KuCoin and RootData data.
$RAIN is already down ~6% to $0.0038 as unlock pressure builds. Unlocks above 5% of circulating supply have historically pressured price into the event.
Watch whether buyers absorb the new supply or the sell-off deepens. #RAIN $RAIN #Crypto #TokenUnlock
Not financial advice.
Rain ($RAIN) releases ~3.6B tokens today at 11:00 Beijing time, worth ~$197M — 5.08% of circulating supply, per KuCoin and RootData data.
$RAIN is already down ~6% to $0.0038 as unlock pressure builds. Unlocks above 5% of circulating supply have historically pressured price into the event.
Watch whether buyers absorb the new supply or the sell-off deepens. #RAIN $RAIN #Crypto #TokenUnlock
Not financial advice.
